|
Forward
Air Corporation
|
||||||||||||||||||||||||
|
Forward
Air Inc. Operating Statistics
|
||||||||||||||||||||||||
| Three months ended | ||||||||||||||||||||||||
| Dec 31, |
Sep
30,
|
Jun
30,
|
Mar
31,
|
Dec
31,
|
Sep
30,
|
June
30,
|
Mar
31,
|
Dec
31,
|
Sep
30,
|
Jun
30,
|
Mar
31,
|
|||||||||||||
|
2009
|
2009
|
2009
|
2009
|
2008
|
2008
|
2008
|
2008
|
2007
|
2007
|
2007
|
2007
|
|||||||||||||
|
Operating
ratio
|
89.2
|
91.6
|
93.0
|
95.4
|
86.7
|
82.2
|
81.3
|
82.9
|
82.4
|
82.2
|
80.3
|
81.9
|
||||||||||||
|
Business
days
|
64.0
|
64.0
|
64.0
|
63.0
|
63.0
|
64.0
|
64.0
|
64.0
|
64.0
|
63.0
|
64.0
|
64.0
|
||||||||||||
|
Business
weeks
|
12.8
|
12.8
|
12.8
|
12.6
|
12.6
|
12.8
|
12.8
|
12.8
|
12.8
|
12.6
|
12.8
|
12.8
|
||||||||||||
|
Airport-to-airport:
|
||||||||||||||||||||||||
|
Tonnage
|
||||||||||||||||||||||||
|
Total
pounds ¹
|
398,921
|
357,768
|
357,678
|
338,602
|
407,162
|
441,269
|
459,637
|
435,895
|
459,123
|
405,503
|
405,166
|
400,751
|
||||||||||||
|
Average
weekly pounds ¹
|
31,166
|
27,951
|
27,944
|
26,873
|
32,314
|
34,474
|
35,909
|
34,054
|
35,869
|
32,183
|
31,654
|
31,309
|
||||||||||||
|
Linehaul
shipments
|
||||||||||||||||||||||||
|
Total
linehaul
|
565,922
|
511,959
|
514,452
|
502,890
|
557,260
|
568,031
|
594,612
|
575,396
|
611,808
|
558,515
|
579,479
|
569,095
|
||||||||||||
|
Average
weekly
|
44,213
|
39,997
|
40,192
|
39,912
|
44,227
|
44,377
|
46,454
|
44,953
|
47,798
|
44,327
|
45,272
|
44,461
|
||||||||||||
|
Forward
Air Complete shipments
|
71,442
|
73,696
|
67,109
|
53,889
|
56,930
|
53,161
|
46,172
|
46,119
|
21,601
|
13,366
|
16,077
|
8,145
|
||||||||||||
|
As
a percentage of linehaul shipments
|
12.6
|
14.4
|
13.0
|
10.7
|
10.2
|
9.4
|
7.8
|
8.0
|
3.5
|
2.4
|
2.8
|
1.4
|
||||||||||||
|
Average
linehaul shipment size
|
705
|
699
|
695
|
673
|
731
|
777
|
773
|
758
|
750
|
726
|
699
|
704
|
||||||||||||
|
Revenue
per pound ²
|
||||||||||||||||||||||||
|
Linehaul
yield
|
15.84
|
15.91
|
15.93
|
16.61
|
16.52
|
16.39
|
16.53
|
16.77
|
17.13
|
17.28
|
17.59
|
17.35
|
||||||||||||
|
Fuel
surcharge impact
|
0.96
|
0.93
|
0.69
|
0.73
|
1.43
|
2.15
|
1.89
|
1.37
|
1.13
|
1.02
|
1.07
|
0.95
|
||||||||||||
| Forward Air Complete impact |
|
1.62
|
1.83
|
1.64
|
1.32
|
1.21
|
1.17
|
0.98
|
0.69
|
0.48
|
0.36
|
0.40
|
0.22
|
|||||||||||
|
Total
airport-to-airport yield
|
18.42
|
18.67
|
18.26
|
18.66
|
19.16
|
19.71
|
19.40
|
18.83
|
18.74
|
18.66
|
19.06
|
18.52
|
||||||||||||
|
Logistics:
|
||||||||||||||||||||||||
|
Miles
|
||||||||||||||||||||||||
|
Owner
operator ¹
|
6,421
|
6,111
|
6,211
|
5,594
|
5,408
|
4,812
|
5,005
|
3,615
|
3,655
|
3,145
|
2,970
|
2,047
|
||||||||||||
|
Third
party ¹
|
3,220
|
2,288
|
1,800
|
2,621
|
4,605
|
3,618
|
3,593
|
3,844
|
4,061
|
4,381
|
3,949
|
2,764
|
||||||||||||
|
Total
Miles
|
9,641
|
8,399
|
8,011
|
8,215
|
10,013
|
8,430
|
8,598
|
7,459
|
7,716
|
7,526
|
6,919
|
4,811
|
||||||||||||
|
Revenue
per mile
|
$
|
1.62
|
1.58
|
1.54
|
1.61
|
1.69
|
1.80
|
1.80
|
1.67
|
1.56
|
1.57
|
1.54
|
1.70
|
|||||||||||
|
|
||||||||||||||||||||||||
|
Cost
per mile
|
$
|
1.25
|
1.23
|
1.19
|
1.25
|
1.33
|
1.33
|
1.26
|
1.23
|
1.19
|
1.23
|
1.18
|
1.28
|
|||||||||||